The Latest

The American Institute of CPAs has issued an exposure draft resulting from AICPA’s Attestation Clarity Project in an effort to clarify the professional standards it uses for attestation engagements.

Gaylen Hansen, chairman of the National Association of State Boards of Accountancy, discusses the recent controversy over accounting standards for private companies, NASBA's disagreement with the American Institute of CPAs, and their ongoing relationship, in an interview with Accounting Today editor-in-chief Daniel Hood.

The accounting profession stayed confident about the direction of the economy this month, according to the July edition of Accounting Today’s monthly Accountants Confidence Index.

The deadline is coming up this week for lawmakers in Congress to submit their preferences for the “must have” tax breaks that need to be kept in the Tax Code under Senate Finance Committee leaders’ “blank slate” approach to tax reform.

One day out of five can be spent managing poor employees, according to a recent poll of CFOs, who estimated that supervisors spend about 17 percent of their time managing poorly performing hires.

CFOs in the U.S. gave the economy the highest score in five years and were significantly more confident about economic growth this year as they see their companies doing more business abroad, according to a new survey.

Top 100 business advisory and management consulting firm SS&G’s 16th Annual Memorial Golf Classic June 25 raised more than $23,000 to benefit the Cleveland and Greater East Ohio Area chapters of the Alzheimer’s Association.

Thomson Reuters has introduced Checkpoint Pocket Assistant, a mobile app that helps tax and accounting professionals perform tasks from an Apple iPhone.

Deltek, has made available Kona Business, a social platform designed to allow all key departments within an organization to stay connected, with a particular focus on project management teams.

Biz2Credit, an online credit provider for small businesses, has launched a partnership program for CPAs and other accountants and tax preparers who refer their small business clients for loans.